News – Insurance Journal

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22 10, 2021

Multiple Delaware Residents Indicted for Insurance Fraud

By | October 22nd, 2021|Uncategorized|Comments Off on Multiple Delaware Residents Indicted for Insurance Fraud

Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following …

22 10, 2021

NCCI Launches Workers’ Comp Learning Academy for Carriers

By | October 22nd, 2021|Uncategorized|Comments Off on NCCI Launches Workers’ Comp Learning Academy for Carriers

The National Council on Compensation Insurance has launched a workers’ compensation learning academy for member carriers. “NCCI affiliates have asked for convenient training and development programs focused on workers compensation insurance,” the council said in a bulletin. The learning sessions …

22 10, 2021

People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards

By | October 22nd, 2021|Uncategorized|Comments Off on People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards

Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions company, hired Kenneth Latham to as associate director for the Mid-Atlantic FINEX commercial team. Latham will be responsible for all aspects …

22 10, 2021

Guy Carpenter Launches Global Insurtech Center of Excellence

By | October 22nd, 2021|Uncategorized|Comments Off on Guy Carpenter Launches Global Insurtech Center of Excellence

Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of Excellence (COE) to provide comprehensive services to global re/insurance carriers and managing general agents (MGAs), powered through modern technology …

22 10, 2021

Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source

By | October 22nd, 2021|Uncategorized|Comments Off on Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source

NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock market listing that is likely to be India’s biggest ever IPO, a source familiar with the matter told Reuters on …

22 10, 2021

The Liberty Company Insurance Brokers Forms MGA Aura Risk in California

By | October 22nd, 2021|Uncategorized|Comments Off on The Liberty Company Insurance Brokers Forms MGA Aura Risk in California

The Liberty Company Insurance Brokers formed a new managing general agency, Aura Risk Management, providing program administration and a wholesale trading platform for its carriers, Liberty producers, and Aura’s growing national network of select agencies. San Clemente, Calif.-based Aura Risk …

22 10, 2021

Climate Change Makes Drought Recovery Tougher in Western U.S.

By | October 22nd, 2021|Uncategorized|Comments Off on Climate Change Makes Drought Recovery Tougher in Western U.S.

Californians rejoiced this week when big drops of water started falling from the sky for the first time in any measurable way since the spring, an annual soaking that heralds the start of the rainy season following some of the …

22 10, 2021

Parents of Unrestrained Girl Killed on Ride Sue Colorado Theme Park

By | October 22nd, 2021|Uncategorized|Comments Off on Parents of Unrestrained Girl Killed on Ride Sue Colorado Theme Park

On her family’s first trip since the pandemic began, 6-year-old Wongel Estifanos got on a vertical drop ride at a Colorado amusement park with her uncle, aunt and cousins last month. When the floor pulled away from beneath them, everyone …

22 10, 2021

Missouri Budget Officials: Teacher Information Data Breach to Cost $50M Outline

By | October 22nd, 2021|Uncategorized|Comments Off on Missouri Budget Officials: Teacher Information Data Breach to Cost $50M Outline

Help for roughly 100,000 teachers whose Social Security numbers were made vulnerable in a massive state data breach could cost Missouri as much as $50 million, the governor’s office confirmed. The estimate includes the cost of credit monitoring and a …

22 10, 2021

Texas Regulators OK Rule Requiring Power Companies to Better Prepare for Winter

By | October 22nd, 2021|Uncategorized|Comments Off on Texas Regulators OK Rule Requiring Power Companies to Better Prepare for Winter

Texas utility regulators on Oct. 21 approved a rule requiring power companies to better prepare for winter weather — based on recommendations that were made, but never acted upon, a decade ago by experts and federal regulators after a 2011 …